By SIMON CONSTABLE
Do Chinese money managers have what it takes to do the job?
If you count the ability to pick stocks and generate good returns for clients, then unfortunately most don’t, according to a forthcoming study obtained by MarketWatch.
What’s really needed to outperform for clients is either an MBA degree or a Chartered Financial Analyst (CFA) designation, says the report by Prof. Yi Fang of Jilin University, China and Prof. Haiping Wang of York University, Canada. See original story here.
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